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5 Things to Know Today – June 9, 2026

  Here are the five stories shaping your money today — from tomorrow's pivotal Bank of Canada decision to a looming trade deadline that could affect every Canadian business. 1. 🏦 Bank of Canada Decides Tomorrow — Hold Expected, But It's Not Simple All eyes are on Ottawa as the Bank of Canada announces its overnight rate decision on Wednesday, June 10 at 9:45 a.m. ET. The benchmark rate currently sits at 2.25%, and a hold is the widely expected outcome. But experts say it's the most uncertain call in months. Canada's economy has slipped into a technical recession — Q1 2026 GDP contracted at an annualized rate of -0.1%, following a downward revision to Q4 2025 (-1.0%). Under normal conditions, that would point toward a rate cut. But with energy-driven inflation climbing to 2.8% in April and geopolitical pressures still unresolved, the Bank is stuck between a rock and a hard place. Governor Tiff Macklem holds a press conference at 10:30 a.m. ET. Markets will be listening ...
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YouTube Reaches $24.5M Settlement in Trump Account Suspension Case

                    YouTube To Pay $24.5 Million To Settle Donald Trump's Lawsuit Over Account Suspension.

YouTube has agreed to pay $24.5 million to settle a lawsuit brought by President Donald Trump over the suspension of his account following the January 6, 2021 Capitol riots.

According to court filings in Oakland, California, $22 million of the settlement will be directed to the Trust for the National Mall, funding the construction of a new White House State Ballroom—one of Trump’s long-standing projects. The remaining $2.5 million will go to other plaintiffs, including the American Conservative Union and several individuals who joined the case.

YouTube suspended Trump’s channel on January 12, 2021, citing concerns about the potential for further violence. The account was reinstated in March 2023, but Trump pursued legal action, arguing that the ban unlawfully silenced conservative viewpoints.

The settlement follows similar agreements Trump has reached with other platforms: Meta paid $25 million earlier this year, while X (formerly Twitter) settled for $10 million.

Importantly, the deal does not constitute an admission of wrongdoing by YouTube or its parent company, Alphabet. Instead, it closes one of the most high-profile legal battles between Trump and major tech platforms over content moderation and political speech.

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